IMG Wealth Management Inc. Makes New Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

IMG Wealth Management Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,167 shares of the company’s stock, valued at approximately $424,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Parkworth Wealth Management Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $28,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at about $29,000. Providence First Trust Co purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $38,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $39,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA VIG opened at $193.08 on Monday. The company has a market capitalization of $85.53 billion, a PE ratio of 24.18 and a beta of 0.85. The firm’s 50-day moving average is $199.94 and its two-hundred day moving average is $199.03. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24.

Vanguard Dividend Appreciation ETF Profile

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index.